The SEC says Pocketful of Quarters is free to release its intended gaming rewards token without registration, as it is not a security...
Another Game Token?
But...
The SEC published its determination on July 25 via the commission’s website, as a reply to an apparent inquiry from the company Pocketful of Quarters (PoQ) on its proposed “Quarters” tokens.
Almost like STEEM BATTLE Token
According to its website, PoQ purports to offer “great prizes” for scrim competitions in popular games such as PUBG, Fortnite, and CSGO. On its investment page, PoQ specifies that investors receive a portion of Quarter sales royalties in Ether (ETH), and can claim them via a smart contract.
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